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Jeju soars for $200m IPO as Innocean finalises banks
South Korea’s Jeju Air is aiming for an IPO of $150m-$200m on the country’s stock exchange in the third or fourth quarter of next year, and has issued a request for proposals to banks.
The RFP was sent out last week, with banks given a deadline of early November to respond with their interest, according to a banker who has received the invitation.
Once all the bids have been made, Jeju plans to announce the mandate by the end of November. ...Already a subscriber? Login
